Articles tagged “Tata Group”

Airlines

Tata’s Revamp of Air India Starts With Talks to Buy New Planes from Boeing, Airbus

The new owners of Air India have set an aggressive goal of boosting market share globally and locally to 30 percent in five years. The first step will be upgrading its aging fleet. Let the negotiations begin.

Tata’s Revamp of Air India Starts With Talks to Buy New Planes from Boeing, Airbus

News Blog

AirAsia India-Air India Merger by 2023 as AirAsia Sells Off India Stake to Tatas

Budget carrier AirAsia India is likely to be merged with Air India Express by the end of 2023. An operational review process is underway to integrate the two carriers, Air India said in a statement this week. The merger news follows Malaysia-based AirAsia Aviation Group's announcement on Wednesday that it has sold off its remaining…

Airlines

Vistara CEO on Fighting India’s Low-Cost Carriers and Nagging Merger Questions

Merger or no merger, the Vistara team has its work cut out for it. The full-service airline would rather concentrate on thriving and growing in a market that’s dominated by low-cost carriers.

Vistara CEO on Fighting India’s Low-Cost Carriers and Nagging Merger Questions

News Blog

Singapore Airlines and Tata Talk Potential Air India Stake

With a former Singapore Airlines executive at the helm of Air India, it comes with little surprise that the Singaporean airline could take a stake in the Tata Group-owned Indian flag carrier. Singapore Airlines disclosed Thursday that it was in "confidential discussions" with Tata to "deepen" the companies' existing partnership, and a potential merger of…

Airlines

Indian Billionaire Backer of Tata and Startup Akasa Air Dies

India has lost a legendary, bold risk-taker in Rakesh Jhunjhunwala whose latest entrepreneurial hunch was starting an airline in an already crowded market.

Indian Billionaire Backer of Tata and Startup Akasa Air Dies

Hotels

India Enjoys Hotel Development Boom as Room Rates Regain 2019 Levels

In India, deal activity is strong for Indian Hotels Company (IHCL), Pride Group, and India’s first publicly traded real-estate investment trust, Embassy Office Parks. The country is on track to become the third largest lodging market in the world within about a decade.

India Enjoys Hotel Development Boom as Room Rates Regain 2019 Levels

News Blog

Singapore Airlines Veteran Campbell Wilson to Lead Tata’s Air India

Tata Sons has named Campbell Wilson to lead Air India as the group launches its restructuring of the beleaguered flag carrier. Wilson will join Air India from Singapore Airlines' budget subsidiary Scoot, which he has led since 2020. He has worked in various roles at Singapore Airlines, a carrier known for high levels of passenger…

Airlines

Tata Reportedly Ahead of SpiceJet Founder in Auction for Air India

Indian conglomerate Tata may be the winner of an auction for ailing national carrier Air India, reports indicate. And while the government denies a decision, the on-again, off-again, three-year sale appears nearing a conclusion.

Tata Reportedly Ahead of SpiceJet Founder in Auction for Air India

Business Travel

Do Bill Gates’ Business Travel Predictions Make Any Sense?

Will soundbites like "Zoom parties every day, every night" and other headline-grabbing quotes influence perceptions of the value of business travel, or do we take them with a pinch of salt?

Do Bill Gates’ Business Travel Predictions Make Any Sense?

Hotels

Tata’s Indian Hotels Company to Invest $600 Million in Buying New Properties

New fully operational hotels will be purchased in partnership with Singapore wealth fund GIC Pte., with deals announced through the end of 2022.

Tata’s Indian Hotels Company to Invest $600 Million in Buying New Properties